The Citizens National Bank of Meyersdale - Overview
General
FDIC Certificate #: 7919 Status: Active Federal Reserve ID: 56427 Date Established: January 01, 1869 WWW:http://www.citizensmeyersdale.com Trust Powers Granted: Yes Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 5072 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: No Subchapter S Corporations: No Asset Concentration Hierarchy: Mortgage Lending Specialization Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 135 Center Street, Meyersdale, PA 15552 County: Somerset Quarterly Banking Profile Region: New York FDIC Geographic Region: New York FDIC Supervisory Region: New York FDIC Field Office: Wexford Office of the Comptroller the Currency (OCC) District: Northeast Office of Thrift Supervision Region: Northeast Metropolitan Statistical Area (MSA): Johnstown, PA (#3680) Core Based Statistical Area (CBSA): Somerset, PA (#43740) CBSA Micro Statistical Area: Yes
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $86.8 mil Equity capital: $9.9 mil Deposits held in domestic offices: $76.2 mil Return on assets (ROA): 0.70% ($0.6 mil) Quarterly return on assets: 0.48% ($0.4 mil) Return on Equity (ROE): 6.09% ($0.6 mil) Quarterly return on equity: 4.08% ($0.4 mil) Net income: $0.6 mil Quarterly Net income: $0.1 mil Pretax return on assets: 0.81% ($703.2 mil) Quarterly Pretax return on assets: 0.55% ($477.5 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2011)
Dollar figures in thousands
17Total employees (full-time equivalent)
$86,817Total assets
$1,630Cash and due from depository institutions
$1,063Interest-bearing balances
$31,129Securities
$0Federal funds sold & reverse repurchase agreements
$50,174Net loans & leases
$431Loan loss allowance
$0Trading account assets
$374Bank premises and fixed assets
$147Other real estate owned
$0Goodwill and other intangibles
$86,817Life insurance assets
$3,363All other assets
$76,958Total liabilities and capital
$76,201Total liabilities
$66,978Total deposits
$76,201Interest-bearing deposits
$96Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$757Subordinated debt
$9,859All other liabilities
$9,859Total equity capital
$9,859Total bank equity capital
$0Perpetual preferred stock
$208Common stock
$292Surplus
$9,359Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,475Income earned, not collected on loans
$0Earning assets
$352Long-term assets (5+ years)
$82,366Average Assets, year-to-date
$50,333Average Assets, quarterly
$82,584Volatile liabilities
$85,873Insider loans
$44,521FHLB advances
$85,542Loans and leases held for sale
$2,588Unused loan commitments
$2,588Tier 1 (core) risk-based capital
$9,788Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2,690Restructured Loans and leases
$693Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$3,553Total interest income
$1,306Total interest expense
$2,247Net interest income
$222Provision for loan and lease losses
$209Total noninterest income
$19Fiduciary activities
$45Service charges on deposit accounts
$0Trading account gains & fees
$145Additional noninterest income
$1,780Total noninterest expense
$878Salaries and employee benefits
$159Premises and equipment expense
$743Additional noninterest expense
$454Pre-tax net operating income
$213Securities gains (losses)
$88Applicable income taxes
$579Income before extraordinary items
$0Extraordinary gains - net
$579Net income attributable to bank
$0Net charge-offs
$579Cash dividends
$158Sale, conversion, retirement of capital stock, net
$177Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.55%Yield on earning assets
1.67%Cost of funding earning assets
2.88%Net interest margin
0.27%Noninterest income to earning assets
2.28%Noninterest expense to earning assets
0.48%Net operating income to assets
0.70%Return on assets (ROA)
0.81%Pretax return on assets
6.09%Return on equity (ROE)
4.23%Retained earnings to average equity (YTD only)
0.34%Net charge-offs to loans
140.51%Credit loss provision to net charge-offs
4.28%Efficiency ratio
72,476Assets per employee
5.11%Cash dividends to net income (YTD only)
Condition Ratios (%)
30.57%Loss allowance to loans
0.85%Loss allowance to noncurrent loans
29.22%Noncurrent assets plus other real estate owned to assets
1.87%Noncurrent loans to loans
2.91%Net loans and leases to deposits
65.84%Net loans and leases to core deposits
67.70%Equity capital to assets
11.36%Core capital (leverage) ratio
11.44%Tier 1 risk-based capital ratio
21.99%Total risk-based capital ratio
Memoranda
$23Average assets
$82,584Average earning assets
$9,512Average equity
$78,084Average loans
Total Fiduciary and Related Assets (December 31, 2011)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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